Established Appliance-Furniture Sales & Service Business

Listing ID:
GUELPON001-N151

Confidential, Ontario, Canada

Household Appliance Stores

Listing Status: Active

Sunbelt of Guelph, Kitchener, Waterloo, Brampton

Phone: (519) 821-8306
Fax: (519) 489-2755

The following broker is assigned to this listing:

Robert Mitchell

rob.mitchell@sunbeltcanada.com
Cell: (519) 820-9043

Description

Great opportunity to own A well-established appliance and furniture business in a growing market in south western Ontario. This business has long established clientele in commercial and retail markets. Their impeccable sales and service standards has set them apart from any competitor or big box stores which has, intern, created exceptional repeat business. The real estate is owned and included in the purchase price or a lease can also be negotiated. The Sellers are retiring and very Motivated To hand this profitable business off to the next generation. The business and the building can easily accommodate expansion in its current location. It’s unique product offerings easily appeal to the masses as well as discerned Buyers.

Financials

Asking Price:$739,000
Revenue:$1,900,000
Cash Flow:N/A
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:$8,000 (Included in Asking Price)
Inventory Asking Price:$325,000 (Included in Asking Price)
Financing Available?No

Property

Asking Price:$0 (Included in Asking Price)
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1962
Year Acquired:1990
Full-Time Employees:8
Part-Time Employees:N/A
Reason For Sale:Retriement